Everbright Securities announced that it was one of 26 defendants as an independent financial advisor for Jin Tongling's related projects in 2018. On December 31, 2025, the company received a first instance verdict from the Nanjing Intermediate Court. The defendant, Jin Tongling Company, was required to pay compensation to 43,269 investors including Ye Xiaoming for investment losses of 775 million yuan and related expenses. Litigation claims against 25 other defendants, including the company, for civil liability will continue to be processed and separate documents prepared. Due to the uncertainty of the final amount involved, it is not possible to determine the impact on the company's profits. As of the announcement date, the Company and its holding subsidiaries should not disclose undisclosed major litigation or arbitration matters.

Everbright Securities announced that it was one of 26 defendants as an independent financial advisor for Jin Tongling's related projects in 2018. On December 31, 2025, the company received a first instance verdict from the Nanjing Intermediate Court. The defendant, Jin Tongling Company, was required to pay compensation to 43,269 investors including Ye Xiaoming for investment losses of 775 million yuan and related expenses. Litigation claims against 25 other defendants, including the company, for civil liability will continue to be processed and separate documents prepared. Due to the uncertainty of the final amount involved, it is not possible to determine the impact on the company's profits. As of the announcement date, the Company and its holding subsidiaries should not disclose undisclosed major litigation or arbitration matters.